Debt ceiling timeline: What's next as lawmakers race to pass deal, prevent default

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Debt ceiling timeline: What's next as lawmakers race to pass deal, prevent default
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The stakes are high for both President Joe Biden and House Speaker Kevin McCarthy - and now each will have to persuade lawmakers in their parties to vote for it.

A critical deal to raise the nation's debt ceiling was announced over the weekend, and lawmakers in Washington now face one week to pass the bill in both chambers of Congress before the predicted deadline when default would begin.

That started a 72-hour countdown, which is the period of time McCarthy promised to his members to review the legislation before a vote in the House. If all three were opposed to the bill in committee, a Democrat would need to join the remaining Republicans to vote to advance the bill to the full House.May 31: House to voteThe number of votes needed to pass the legislation, if all members are present, is 218.

Democratic Rep. Pramila Jayapal of Washington, the chair of the Progressive Caucus, likewise on Sunday said congressional leaders should "worry" about garnering enough support from the group given qualms with the compromise with Republicans. Unanimous consent would allow the chamber to skip debate and quickly hold a vote, but it would take just one lawmaker to hold up proceedings.

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